Mike Ducker , Fedex Freight President Retiring After 43 yrs service..

Michael L. "Mike" Ducker the Fedex Freight President after 43yrs service is retiring Aug. 15 as announced by company. The new successor would be named soon. Ducker native of Chattanooga joined FedEx Express in 1975 and served in frontline operations staff at the Memphis hub. He rose through operations rank in 1980s & handled international assignments staring...

Continue

Kerry Logistics added 2 more directors...

 Kerry Logistics has appointed two more directors namely Mathieu Renard Biron & Patrick Chea in its team.  Mathieu Renard Biron as Managing director based out of Hongkong & Bangkok will be responsible for strategic development of group international freight forwarding division on both strategic & operational level. In earlier roles he has worked with several logistics, freight forwarding & manufacturing corporations since 1991 & last served as Geodis group...

Continue

DHL airfreight volumes decline as it turns away business to protect margins

Freight forwarder DHL Global Forwarding's decision to turn away airfreight business to protect profits in the first half of this year resulted in a decline in volumes. The Bonn-headquartered forwarder recorded a 7.2% year-on-year decline in airfreight exports during the second quarter to 530,000 tonnes, while the half-year result was down by 3.6% to 1m tonnes. Second-quarter...

Continue

European airports record growth in H1 2015, but only just

European airports just managed to drag cargo volumes into positive growth for the first half of the year thanks to improved performance in June. Figures from the Airports Council International (ACI) Europe show that freight volumes for the first half of the year increased by 0.5% against a year earlier. The organisation was not too optimistic for...

Continue

Swiss and Lufthansa to launch new cargo pricing structure

Swiss WorldCargo and Lufthansa Cargo are to launch a two component pricing structure - a net rate plus airfreight surcharge – to reflect the "volatility of external cost factors". A joint letter to customers states: “The new airfreight surcharge will be significantly lower compared to the combined fuel and security surcharges, which will be eliminated...

Continue

Logistics sector losing the price war

  A large section of the logistics sector is losing the battle to implement planned price increases, coupled with an extremely low success rate when introducing new products and services. These are the results of the most recent Global Pricing Study*, based on responses from approximately 1,600 managers, conducted by the global strategy consulting firm Simon-Kucher...

Continue

Brussels launches probe into FedEx’s proposed TNT takeover

The European Commission has opened an in-depth investigation into FedEx’s proposed $4.8bn takeover of TNT Express over concerns the deal could reduce competition and push up prices. The Commission said it had concerns that on a number of European markets for international express and regular small package deliveries, the merged entity would face insufficient competitive...

Continue

Tough June for Europe's air cargo carriers

European airlines continued to struggle with the continent’s weak economic conditions last month with volumes and load factors continuing to lag behind last year’s levels. Combined data from the IAG Group, Lufthansa Group, Air France KLM and Finnair show that demand at the airlines they own declined by 4.6% year on year in June in terms of revenue/cargo tonne km. Meanwhile,...

Continue

UPS expands express freight service

UPS is adding eight origin and five destination countries to its Worldwide Express Freight service, designed for urgent, time-sensitive and high-value international heavyweight shipments. The expansion adds five countries in Latin America and three in Europe. UPS now offers the guaranteed service – targeting product launches, inventory shortages or equipment...

Continue

Airfreight demand growth "comes off the boil" in May

  Cargo demand growth “came off the boil” in May, while capacity additions have resulted in a further weakening of load factors. Figures from the International Air Transport Association show that demand growth in freight tonne km terms increased 2.1% year on year in May, which is the slowest growth rate recorded this year, compared with growth of 4% for the first...

Continue

Hong Kong airfreight chief steps down

Hong Kong Association of Freight Forwarding and Logistics (HAFFA) chairman Paul Tsui is to step down and will be replaced by Cliff Sullivan, senior vice-president of A-Sonic Logistics. Mr Tsui is a 30-year veteran of the airfreight industry and in 2001 founded Janel Group, which now employs 250 staff in offices throughout China. Mr Sullivan has been a HAFFA executive...

Continue

FedEx-TNT deal edges forward

FedEx’s potential $4.8bn takeover of TNT has edged further forward as the US express giant has filed regulatory paperwork to the European Commission. Over the weekend, the New York Stock Exchange-listed logistics company confirmed it had submitted the required filing to the EC to obtain regulatory clearance in connection with the intended recommended public cash...

Continue

Shift from ocean to air, but for how long?

  The air cargo industry has won marketshare from ocean rivals over the last year, but analysts have warned there will be a return to sea transport. In its weekly insight analysis, Drewry Maritime Research highlighted the modal shift that had taken place as US west coast port congestion caused by difficult negotiations...

Continue

DHL, K+N and DB Schenker the leading airfreight forwarders

  DHL Global Forwarding, Kuehne+Nagel and DB Schenker have maintained their position as the world’s leading airfreight forwarders, while the top 25 forwarders recorded a total increase in airfreight demand of less than one percent. The latest top 25 Global Freight Forwarders List from consultant Armstrong & Associates, based on revenues and ocean and airfreight...

Continue

FedEx and TNT deal on track but clearance could take a year

TNT Express has provided an update on its planned $4.8bn takeover by FedEx, stating that the two companies are making timely progress on preparations for the offer but reiterated that it could take a year to gain regulatory clearance. TNT said that FedEx expects to submit a request for review and approval of its offer document with Dutch financial service regulator...

Continue